Hainan Handi Sunshine Petrochemical Co., Ltd. is a subsidiary fully owned by HANDI Group. It’s registered and paid-in capital is around RMB 1 billion. It produces and sells Gr II, Gr II+ and Gr III General Base Oils, Heat Transfer Oils, Insulating Oils, Solvent Oils, Industrial Grade White Oils, Cosmetic Grade White Oils and other high tier lubricating materials. HDS is the largest private company in China’s specialty oils industry.
Handi Sunshine is located in Yangpu Economic Development Zone, Hainan Province, China. Yangpu Economic Development Zone is a national level bonded area approved and established by State Council in 1992. It is under the direct administration of Hainan Provincial authority. It is closest petrochemical, gas and oil reserve base to the South China Sea and to Middle East. It is the door to China for oils gas coming from Middle East and South Africa. The geological advantage of Yangpu is obvious.